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TORONTO, April 19 /CNW/ - Shoppers Drug Mart today announced it has
entered into an agreement with Estée Lauder to sell their complete line of
prestige makeup and skincare products. This groundbreaking partnership will
see Estée Lauder products being first available at the Beauty BOUTIQUE(TM) in
Shoppers Drug Mart's 1,000th store, opening this month in Toronto.
"We are very pleased and excited by our continued and expanded
association with Estée Lauder. Shoppers Drug Mart is the first major chain
drug store in North America to partner to this extent with the prestige brand
of Estée Lauder", said Jurgen Schreiber, President and CEO of Shoppers Drug
Mart.
Shoppers Drug Mart's Beauty BOUTIQUE(TM) strategy began in 2003 and has
grown significantly to the point where there are 100 Beauty BOUTIQUEs with a
further 40 planned before year end. Shoppers Drug Mart will be able to not
only provide its customers with the products they want, but this partnership
will also serve as a strong platform from which to continue building its
prestige cosmetic market share in Canada.
Estée Lauder prestige brands currently available at Shoppers Drug Mart
include Clinique, Estee Lauder Fragrances, Sean John, DKNY and Tommy Hilfiger
fragrances.
About Shoppers Drug Mart
Shoppers Drug Mart Corporation is one of the most recognized and trusted
names in Canadian retailing. The Company is the licensor of full-service
retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in
Québec). With close to 1,000 Shoppers Drug Mart and Pharmaprix stores
operating in prime locations in every province and two territories, the
Company is one of the most convenient retailers in Canada. The Company also
owns and operates 59 Shoppers Home Health Care stores, making it the largest
Canadian retailer of home health care products and services. In addition to
its retail store network, the Company also owns MediSystem Technologies Inc.,
a provider of pharmaceutical products and services to long-term facilities in
Ontario and Alberta. For more information please visit
www.shoppersdrugmart.ca.
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